The highlight of the month I personally was waiting for is that New Zealand progressively reopens borders in 2022.
The announcement outlined a five-step process for reopening borders from 28 February 2022, initially for New Zealanders to return from Australia and then from the rest of the world.
The Government has demonstrated their commitment to international students and educational institutions in 2023, with normal visa processing resuming in October 2022. This means international students can plan towards being in New Zealand for courses starting in 2023.
It has been an incredibly challenging period for Auckland CBD rental market. The sector has shown considerable patience as the borders were carefully managed to minimize the threat posed by COVID-19.
The announcement is an opportunity to rebuild and reshape the CBD rental market and bring those way-overdue-rent increases back up.
2022 will be a year of recovery. We cannot wait to welcome more people and come back to some sort of normality.